Swiss Franc
The Swiss franc (CHF) is the official currency of Switzerland (and Liechtenstein). Though located in Europe, Switzerland is not a member of the European Union (EU).
The franc has a reputation as a solid currency. Switzerland has long had a stable political system. Its balance of trade (exports minus imports) has trended higher since the early 1990s, and it has generally been positive since the mid-2000s.
About Switzerland
GDP1
$937
Billion
USD
Major Exports2
Gold
Medicine
Vaccines
Major Export Partners2
Germany
U.S.
China
Budget Deficit3
1.0%
Trade Flows4
31.8
Billion
CHF
Pros and Cons of the Swiss Franc
- Global safe-haven status5
- Low inflation and disciplined monetary policy6
- Strong, diversified economy7
- Too strong for Switzerland’s own good8
- Negative or very low interest-rate environment8
- Tight monetary management can cause volatility
1. https://tradingeconomics.com/country-list/gdp-per-capita
2. https://tradingeconomics.com/country-list/exports;?continent=g20
3. https://tradingeconomics.com/country-list/government-budget?continent=world
4. https://tradingeconomics.com/country-list/balance-of-trade
5. https://www.sciencedirect.com/science/article/abs/pii/S1062976925000171
6. https://www.snb.ch/en/the-snb/mandates-goals/monetary-policy/strategy
7. https://www.seco.admin.ch/seco/en/home/wirtschaftslage—wirtschaftspolitik/Wirtschaftslage.html
8. https://www.bis.org/publ/qtrpdf/r_qt1503e.htm
It’s as easy as open, fund, trade.
Open a Global Markets Portfolio
Start a Global Markets Portfolio with a Cash Account
Fund your account
Use your Cash Account as your funding source
Trade
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How to Buy the Swiss Franc
Currency CD
Term
APY
3 Month
0.00%
6 Month
0.00%
9 Month
0.00%
12 Month
0.00%
Currency Deposit Account
$2,500 minimum initial trade per currency. After initial trade, no minimum trade amount required.
Balance
APY
All Balances
0.00%
How to Open An Account
Buying and selling foreign currencies begin with a Global Markets High Yield Cash Account, which serves as the funding account for your currency transactions. Once it’s open, you will automatically receive a Global Markets Portfolio. This Portfolio will allow you to buy and sell any of the 20 foreign currencies available.
Global Markets
High Yield Cash Account
The High Yield Cash Account with Global Markets access delivers the typical features of a checking account but adds high yields for every dollar in your account.
On top of that, it serves as the launchpad to funding your precious metals and foreign currency transactions as well as access to all Global Markets Products.
- Use as the funding account for precious metals and foreign currency transactions
- ACH transfers to/from external accounts
- Free online bill pay
- Debit card with $30/month of ATM fee reimbursement if charged (Coming Soon)
- 1st order of checks complimentary
- $5 monthly fee waived, no minimum balance required
Currency Deposit
- $2,500 minimum initial trade per currency
- After initial trade, no minimum trade amount required
Currency CD
- $10,000 minimum initial trade per Currency CD
- After initial trade, no minimum trade amount required
Available Currencies
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